Shortcode for displaying list of posts with prev and next links. Place the code in functions.php and use it as follows: [list_posts] or in template files as a PHP code: <?php echo do_shortcode('[list_posts]'); ?>

list-posts-shortcode.php

<?php
function list_posts_shortcode(){
    
	$my_query = new WP_Query(
		array(
			'post_type' => 'post',
			'paged' => get_query_var('paged')
		)
	);
	
	$html = '<ul class="list-posts">';
		
	while ( $my_query->have_posts() ) : $my_query->the_post();
	
		$title = apply_filters('the_title', get_the_title());
		$thumb = get_the_post_thumbnail('full');
		$meta = get_post_custom(get_the_ID());
		$excerpt = apply_filters('the_excerpt', get_the_excerpt());
		$content = apply_filters('the_content', get_the_content());
		$permalink = get_permalink();
		
		$html .= '<li class="post-entry clearfix">
			<h3 class="entry-title"><a href="'.$permalink.'">'.$title.'</a></h3>
			<div class="entry-meta">Posted on '.get_the_time('F d, Y').'</div>
			<div class="entry-content">
				'.$excerpt.'
			</div>
		</li>';
			
	endwhile;
	$html .= '</ul>
	<div class="pagination clearfix">
		<div class="prev">'.get_next_posts_link( '&laquo; Older Posts', $my_query->max_num_pages).'</div>
		<div class="next">'.get_previous_posts_link( 'Newer Posts &raquo;', $my_query->max_num_pages ).'</div>
	</div>';
	
	wp_reset_postdata();
	return $html;
}
add_shortcode('list_posts', 'list_posts_shortcode');